Sell4

Lifeway Foods, Inc.

LWAY

Total Value

$2.9M

Net $2.9M sold

Filing Date

Aug 14, 2026

4 transactions

Sales

$2.9M

4 transactions

Trade Summary

On Aug 12, 2026 through Aug 14, 2026, SMOLYANSKY EDWARD, 10% Owner, sold $2.9M of Lifeway Foods, Inc. (LWAY) across 4 transactions. The filing covers Common Stock, no par value and reflects net selling of $2.9M. Reported prices ranged from $24.89 to $28.74. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Price at the Time of the Trade

LWAY daily price with the insider's sale marked at $26.50.

Sold in the upper half of the 6-month range · the stock trades 4% lower today.

Price data is delayed and provided for context only — not investment advice.

Insider Information

Name: SMOLYANSKY EDWARD
Role: 10% Owner
Location: CHICAGO, IL

Filing Details

Filing Date: Aug 14, 2026
Transaction Date: Aug 12, 2026
Accession Number: 0001683168-26-006498
Form Type: 4
Net Trading Amount: -$2.9M

Non-Derivative Transactions

Date	Security	Shares	Price	Type	Value
Aug 12, 2026	Common Stock, no par value	35,000	$28.74	Sale	$1.0M
Aug 14, 2026	Common Stock, no par value	29,931	$24.89	Sale	$745.0K
Aug 14, 2026	Common Stock, no par value	45,038	$25.82	Sale	$1.2M
Aug 14, 2026	Common Stock, no par value	31	$26.50	Sale	$822

Want live alerts when SMOLYANSKY EDWARD trades again?

Download Insider Trades to track LWAY, follow insiders, and get mobile alerts when new SEC Form 4 filings are published.

iOS App Android App

Footnotes

(F1)The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging between $28.61 and $29.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) and in footnotes (3), (4) and (5).
(F2)Beneficially held by the Edward Smolyansky Trust 2/2/16, of which the reporting person is the trustee.
(F3)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $24.50 and $25.49, inclusive.
(F4)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $25.50 and $26.49, inclusive.
(F5)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $26.50 and $27.49, inclusive.
(F6)The reporting person disclaims beneficial ownership of the sharew owned by his son.
(F7)Held by Smolynsky Holding LLC. the reporting person disclaims beneficial ownership of such shares except to the extend of any pecuniar interest therein.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMOLYANSKY EDWARD

(Last)

(First)

(Middle)

1219 N WELLS ST

(Street)

CHICAGO

60610

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Lifeway Foods, Inc. [ LWAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, no par value	08/12/2026		S		35,000	D	$28.74⁽¹⁾	969,793	I	See footnote⁽²⁾
Common Stock, no par value	08/14/2026		S		29,931	D	$24.89⁽³⁾	939,862	I	See footnote⁽²⁾
Common Stock, no par value	08/14/2026		S		45,038	D	$25.82⁽⁴⁾	894,824	I	See footnote⁽²⁾
Common Stock, no par value	08/14/2026		S		31	D	$26.5⁽⁵⁾	894,793	I	See footnote⁽²⁾
Common Stock, no par value								902,642	I	By son⁽⁶⁾
Common Stock, no par value								100,000	D
Common Stock, no par value								500,000	I	See footnote⁽⁷⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging between $28.61 and $29.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) and in footnotes (3), (4) and (5).

2. Beneficially held by the Edward Smolyansky Trust 2/2/16, of which the reporting person is the trustee.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $24.50 and $25.49, inclusive.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $25.50 and $26.49, inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $26.50 and $27.49, inclusive.

6. The reporting person disclaims beneficial ownership of the sharew owned by his son.

7. Held by Smolynsky Holding LLC. the reporting person disclaims beneficial ownership of such shares except to the extend of any pecuniar interest therein.

	/s/ Edward Smolyansky	08/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Form 4 as rendered by the SEC from accession 0001683168-26-006498.

Lifeway Foods, Inc.

Trade Summary

Price at the Time of the Trade

Company Information

Insider Information

Filing Details

Non-Derivative Transactions

Want live alerts when SMOLYANSKY EDWARD trades again?

Footnotes

SEC Form 4

SEC Filing

SEC Form 4

Price at the Time of the Trade